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2. Provide investors security and equity until their investment is paid back with interest 3. Avoid the "ownership control” issue
that many new communities face, where those with the most money make the decisions. 1) Avalon Springs, LP (a California Limited
Partnership) - Avalon Springs, LP is a California limited partnership,
comprised of one General Partner - Avalon Springs, LLC - and Limited
Partner investors. The LP
will own all land & property and provides real estate backed security
to all investors. 3) A non-profit land trust being formed
- will own 90% of all land & property after all investors are paid back
in full. This non-profit organization will also provide tax benefits
for Investors in the LP and to anyone offering philanthropic gifts to
Avalon Springs in the future.
Completion of Avalon Springs, including the EcoVillage community, the Healing Retreat Center and the Special Events Complex requires $15 million in additional capital funding. As of Dec'07, we have secured about $2.5 million; paid off $1.5 million on the land purchase, and spent $1 million on operating costs. We are raising an additional $15 million now to complete this project. There's a 2 phase funding plan for Avalon Springs : 1)
Founding Member Investors - still seeking people interested in being a foundation for Avalon's development. Founding
Members are the people helping to birth Avalon Springs. While they are Limited Partners, their money is returned almost like a loan. They get all their
principal with 5% interest back within a few years, by getting 50% of
all profits from Avalon first, once revenues are generated. They are secured by owning
all land, property, assets and equity of Avalon until they are fully
paid back. Upon full pay back, they automatically transfer their "ownership"
into the long term land/property holding entity - a non-profit or land
trust or foundation that will hold the land long term for the benefit
of the community in the "commons" with no individual ownership.
After getting their principal and interest back, the Founding Members
also get a one time tax deduction as well, in the year they transfer
the land to the long term trust. Founding Members also get visitation
rights to Avalon as per the Perks defined in
the Financial Overview document (available
upon request). Avalon Gratitude Plan Members invest a one time fee for which they will get membership rights to come visit/partake/experience the life changing and inspiring offerings of Avaalon - each year (for a weekend, week, mid-week, 2 weeks or 4 weeks respectively) in perpetuity. The Gratitude Plan Members get visitation rights for their whole lives and can pass on their Memberships to their children and grand-children or gift their visitation rights to family, friends, employees or colleagues. Members may also use their Membership for years and then sell their Membership to someone else for a much higher value (probably), making this a great life enhancing investment (details). Avalon is making these limited number of Memberships available only for this one time now, and expects that Memberships will never ever be sold again in the future, ensuring limited availability and a high resale value for these invstments. Unique Secured Loan Opportunity - Avalon is also offering a loan opportunity to select qualified investors willing to loan any amount between $100,000 (min.) to $1.5 million (max.) to Avalon Springs, LP at 8% annual interest for 12 or 18 or 24 or 30 or 36 month term. This would allow Avalon to keep progressing forward on development; and Avalon can pay the lender(s) back from continued capital raises. The lender(s) will be fully secured by the value of the land/property owned by Avalon Springs, with a legal lien filing with the county government providing full security (worth about $4-5 million now after all the work that has already been done with cleanup, improvements, design, engineering and permits), until fully paid back. Lenders to Avalon are first in line ahead of Founding Member investors in terms of security, although both are secured by the highly valuable land and property of Avalon.
Private
Financial Package and Presentation available upon request.
Investor Inquiries : |
